Harmonize affordable housing mortgage

The Affordable Housing Programme is a priority initiative under the government, which is geared towards facilitating the production of decent, safe, and affordable housing for citizens of Kenya.

As of late 2025, the harmonization of affordable housing mortgages in Kenya is progressing through legislative and financial reforms, though the overall program still faces significant implementation challenges.
The Kenya Mortgage Refinance Company indicates a 6.2% reduction in interest rates for affordable housing mortgages however neither the current mortgage prices nor interest rate is clearly stated

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This Promise Tracker is an independent civic-accountability tool designed to monitor and document the progress of public commitments made by the Government of Kenya. Information presented on this platform is compiled from publicly available sources including government publications, parliamentary records, policy documents, and credible media reports. The classifications used in this tracker represent an evidence-based assessment by the platform’s researchers and should be understood as analytical judgments rather than official government determinations. While every effort is made to ensure accuracy and regular updates, the status of promises may evolve as new information becomes available. This website is not affiliated with or operated by the Government of Kenya.

Last updated: March 4, 2026 8:08 am